Based on our experience, we understand the various pressures and demands placed upon Pharma companies and their service providers, like…
Compliance Pressures – Anti-Kickback, State legislation, PhRMA Code, Sunshine Act, and FCPA have led to requirements for State reporting, Corporate Integrity Agreements, Policy and SOP efforts, Training, Auditing, Enforcement
Partial Tactical Solutions – Most Pharma companies have responded by implementing point solutions to single problems. The inevitable result is a complex web of under-integrated silos of applications and data, inconsistent processes, and further pain, risk, and cost
Technology Pressures – Corporate IT teams, already overloaded and backlogged, are now being asked to provide robust, flexible, and intelligent systems to capture, manage, track, aggregate, and report on promotional activities
Vendor Solutions… and Problems – Many Pharma companies responded to these pains and pressures by outsourcing the execution, management, and technology/data needs for promotional activities to vendor service providers. Now, the service provider’s technology has become a part of the Pharma company’s own technology landscape, but when the service provider needs to be augmented or replaced, their platform leaves with them.
These pressures and demands require corporate focus and massive time and financial costs, and the risks of getting it wrong are massive. PharmaTouch™ offers the knowledge, platform, and experience to help design and implement the right mix of policy, process, and technologies to help navigate the challenging Compliance Age.
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